October 24, 2016 12:00 PM ET


Company Overview of Synchrony Bank

Company Overview

Synchrony Bank provides banking products and services. It provides certificates of deposit, money market and savings accounts, and IRAs, as well as online and mobile banking options. Synchrony Bank was formerly known as GE Capital Retail Bank and changed its name to Synchrony Bank in June 2014. The company was founded in 1988 and is based in Draper, Utah. Synchrony Bank operates as a subsidiary of Synchrony Financial.

170 West Election Road

Suite 125

Draper, UT 84020

United States

Founded in 1988





Key Executives for Synchrony Bank

Chief Executive Officer
Age: 57
President and Chief Executive Officer of Europe
Age: 56
Chief Executive Officer for Americas
Age: 47
Chief Executive of Retail Sales Finance -Americas and President of Retail Sales Finance -Americas
Age: 60
Chief Executive Officer of GE Money Asia and President of GE Money Asia
Age: 64
Compensation as of Fiscal Year 2016.

Synchrony Bank Key Developments

GE Money Reports Group Earnings Results for the Year 2014

GE Money reported group earnings results for the year 2014. The GE Money group, including GE Money Bank, GE Money Auto and GE Money Leasing, saw its net profit rise by 11% to CZK 4.3 billion in 2014. GE Money's annual increase in net profit was influenced by its entry into new fields with a high potential of growth.

GE Money Announces Earnings Results for the Nine Months of 2014

GE Money announced earnings results for the nine months of 2014. For the period, the company’s net earnings rose by 21% to CZK 3.39 billion. The growth in net earnings was caused by the launch of new activities such as commercial property financing and the bank's focus on simplifying of processes and effective management.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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